Harry Markopolos, who initially warned the SEC about Bernie Madoff’s Ponzi scheme, revealed that he is working on three multi-billion dollar schemes, including one that will be bigger than Madofff’s. Markopolos first submitted evidence to the SEC in May 2000, eight years before the Madoff fraud was revealed. Harry Markopolos indicates three major schemes scamming investors Markopolos told ABC News that he has found three new schemes that are multi-billion dollars pyramids of fraud. In an explosive statement, he indicated that one of the three schemes will be bigger than Madoff’s and that one can’t stop them. However, Markopolos declined to identify…
Harry Markopolos Warns Of Three New Ponzi Schemes; Including One "Bigger Than Madoff"
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports